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All ASM investment funds to become Shariah based by 2013

Posted on 15 December 2011

Amanah Saham Mara Investment Services Bhd (ASM Investment) is aiming to transform all its conventional funds into syariah based funds by end 2013.Its Chief Executive Officer, Nik Mohamed Zaki Nik Yusof said the move is to position ASM Investment as a fully syariah based fund and asset management company.
“We have seven conventional funds now, and if we are to change them to syariah based, there are many processes to go through including getting the approval of the trust unit shareholders and the Securities Commission. ……………………………………….Full Article: Source

 
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